BTCSTUSDT (BTCST) - POTENTIAL BUY ENTRY

ANALYSIS 🔎
- BTCST is supported by the ascending trendline support (ATS).
- The markets retracement was resisted by the descending trendline resistance (DTR-1).
- Price tested the ascending trendline support (ATS) and brokeout above the descending trendline resistance (DTR-1).
- Price then retraced for a retest of the descending trendline resistance (DTR-1) and 0.618 fibonacci retracement level.
- The pullback is resisted by the descending trendline resistance (DTR-2).
- A breakout above the the descending trendline resistance (DTR-2) could be a bullish signal.

BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR-2).

TARGETS 🎯
- Horizontal resistance levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.